Birdwatch Note Rating
2023-07-03 13:12:36 UTC - HELPFUL
Rated by Participant: 0EF0F2A530CF07646902FA8A00EFFDD226EADC86CAFF6CFFD4257886AE01C0E4
Participant Details
Original Note:
2017 Tax Cuts & Jobs Act lowered income & Corporate taxes. The $2T mentioned here is the CBO 10 year estimated loss of $1.7T in taxes that never occurred. Corporate Taxes and total tax collections have been at record highs since after 2018. CBO EST https://www.cbo.gov/publication/53787 Not Considered https://www.cbo.gov/publication/59169#footnote-003 Collection https://www.thebalancemoney.com/current-u-s-federal-government-tax-revenue-3305762
All Note Details